4.53

In such cases where original bank certificate has been lost, the DEPB/DFRC claim can be considered subject to submission of following documents:

a) A duplicate copy of the Bank Certificate issued by the bank authority in lieu of original loss.

b) An application free equivalent to 10% of the DEPB entitlement or 3% of the DFRC entitlement, as the case may be, in respect of lost Bank Realisation Certificate.

(Para 4.53 (b)has been corrected vide PN. No. 12(RE-02), Dt. 2/5/2002)

[OLD
b) An application fee equivalent to 10% of the DEPB entitlement or 3.5% of DFRC entitlement, as the case may be, in respect of lost Bank Realisation Certificate.]

c) All the other prescribed documents in original.

d) An affidavit by the exporter about the loss of Bank Certificate and an undertaking to surrender it immediately to the concerned licencing authorities, in case the same is found subsequently.

e) An indemnity bond by the exporter to the effect that he would indemnify the Government for the financial loss if any on account of DEPB/DFRC issued against lost Bank Certificate.

The claim against the lost Bank Certificate shall be preferred within a period of six months from the date of export and application received thereafter will be rejected.

In such cases, where both the documents have been lost, the exporter shall follow the procedure laid down in paragraph 4.51 and 4.52.